Risky

Robinhood Recaps From a Risky 12 months

In 2020, wild fluctuations in the inventory market prompted by the pandemic turned tens of millions of people into opportunistic buyers. Immediately after stocks plunged in March, professional traders and Nasdaq novices poured their dollars into buzzy tech businesses like Tesla and Zoom, as well as corporations bludgeoned by Covid limitations, like airways, dining establishments and cruises.

To replicate a yr of volatility and impulsive investments, Robinhood, the well-liked buying and selling app that has spurred controversy by marketing and advertising alone to younger people, introduced a year-stop information dump for its people. A news launch promised that the Robinhood Recap would be a “special personalised knowledge that will acquire you as a result of your investing journey this yr — from views to trades, your most memorable investing moments, big or smaller, and other milestones together the way.”

Robinhood’s wrap-up — offered to anyone who experienced an energetic account